DD Support Board and Research Team

[StockdungU]

Titan Securities in Belize. Clean as a whistle lol

the CI handed a shareholders list to Mike Affa and stated:
So there's the shareholders list. . . . there’s 42 million shares out there. I've got, the restricted cert for 40 million, I've got it in my desk. . . .one, which is 2.2 million, I have that right here, a copy of it, the cert's in my desk . . . if you take a look at that shareholders list, you can take it home with you, there's 2,000 shares against us - 2,000.
Mike Affa replied, "2,000, this is as clean of a deal as you can get, obviously." The CI further explained that there was a note that could be converted into approximately 15 million additional shares. Mike Affa then placed a call to Titan International Securities Inc. (“Titan”), a Belize-based brokerage firm with accounts at various U.S. registered broker-dealers, and confirmed that physical stock certificates for the additional 15 million shares should be put in the names of three foreign entities.

Having confirmed that entities controlled by the CI and Mike Affa would control almost all of the stock of Amogear and that their shares would be traded by Titan, Mike Affa asked the CI about Amogear, which purportedly was a company that marketed, among other things, athletic wear. In the meeting, which was secretly recorded by federal law enforcement agents as part of an undercover investigation, Mike Affa asked: “Isn’t there a company or not really?” The CI pointed to a cardboard box in the corner of the CI’s office and said: “No. There’s the company right there.” The participants laughed and Mike Affa joked about someone placing an order for a T-shirt and their response being: “We’ve got two mediums left. What do you want?” Mike Affa, Andrew Affa and the CI then discussed touting Amogear’s stock with false news about the company and profiting by dumping their overpriced shares into the market.

http://www.sec.gov/litigation/complaints/2014/comp-pr2014-135.pdf